from www.paul.kedrosky.com.....
If you think about it, the classic Christmas film It's a Wonderful Life is really about subprime mortgages. An example: George Bailey's emotionally manipulative speech directed at bank manager Mr. Potter in support of a $5,000 home loan given to someone with dodgy finances, a loan with which Potter disagreed:
What'd you say just a minute ago? . . . They had to wait and save their money before they even ought to think of a decent home. Wait! Wait for what? Until their children grow up and leave them? Until they're so old and broken-down that they . . . Do you know how long it takes a working man to save five thousand dollars? Just remember this, Mr. Potter, that this rabble you're talking about . . . they do most of the working and paying and living and dyin
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